intro to site appraisal Flashcards
what is the purpose of site analysis
to identify:
Physical constraints
Legal constraints
Environmental risks
what is Brownfield land
previously built on land that is now unused
what does this latin phrase mean
Caveat Emptor - (Buyer beware) – if you are going to buy some land, it is your responsibility to find out the conditions
what is a residual valuation
a valuation used to value development land
what does the Gross Development Value (GDV) means
market value of completed development if sold to willing purchaser
what is the first stage of the proccess
Non-intrusive investigations to establish:
Physical and legal constraints
Environmental risks
(desktop study)
where could potential libaility come from
Activities on site
Historic pollution
Protected species
Controlled species
what is a hydrological assessment
investigating how the water in the area may affect the land
what is infrastructure mapping
searching for cables, sewers e.c.t.